Topic: Market Commentary
An obscure but very large part of the financial markets caused a stir in late September. Lending rates spiked in the repurchase (repo) markets...
Read nowTopic: Market Commentary
Lately, there has been quite a bit of hand-wringing by the financial media about the yield curve inversion. It seems that many prognosticators believe...
Read nowTopic: Industry Knowledge | Investment Strategy | Market Commentary
Commonfund recently hosted a panel discussion focused on the current state of private equity and venture capital, with an emphasis on the investor’s perspective of the industry today.
Read NowTopic: Industry Knowledge | Investment Strategy | Market Commentary
The July Federal Open Markets Committee (FOMC) meeting signaled the end of central bank rate normalization with the first rate cut in more than a decade . . .
Read nowTopic: Market Commentary
Following the July FOMC meeting and with investors digesting the first rate cut since 2008 it is important to recognize that the domestic economy is now...
Read nowTopic: Market Commentary
The valuation premium (forward price/earnings) of defensive stocks versus cyclicals has climbed steadily over the last seven months...
Read nowTopic: Market Commentary
This month we turn our attention to the Stock and Bond Markets. Bond markets’ expectations of U.S. Federal Reserve (Fed) rate cuts...
Read nowTopic: Market Commentary
This month we turn our attention to the economy and, specifically, employment. As investors contemplate when this historically long period of economic...
Read nowTopic: Market Commentary
Investors of all types, including those that represent institutions, are clearly feeling more uneasy than they have in years. It isn’t just the spike in stock market volatility that buffeted investors in the fourth quarter of 2018 (after a prolonged period of abnormally low volatility), but the magnitude of the swings that may be the culprit. We researched the worst and best S&P 500 performing Decembers and Januarys since 1928...
Read nowTopic: Market Commentary
Beginning in January and now continuing into February, stock markets have rallied on positive news in areas of concern – mostly on the policy front. We remain cautious as in our view, policy risk tends to be the most difficult to price, but also the most likely to surprise...
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